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Global Tires And Rubber Market Overview 2023

By Author: Aarkstore Market Research
Total Articles: 39

Global Tires & Rubber industry profile provides top-line qualitative and quantitative Summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The tires and rubber market consists of the manufacturers revenues generated through the sales of both original equipment manufacturer (OEM) and aftermarket tires for passenger cars (Cars), commercial vehicles (Trucks) and motorcycles. The volume represents the number of tires produced for passenger cars, commercial vehicles and motorcycles.
- The global tires and rubber market had total revenues of $612,005.4m in 2018, representing a compound annual growth rate (CAGR) of 7.1% between 2014 and 2018.
- Market consumption volume increased with a CAGR of 5.3% between 2014 and 2018, to reach a total of 4,415.7 million tires in 2018.
- Market growth has mainly been driven by the US and the Asia-Pacific region, due to big manufacturers having facilities in these regions.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the tires & rubber market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globaltires & rubber market
- Leading company profiles reveal details of key tires & rubber market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global tires & rubber market with five year forecasts by both value and volume

For More Details Please Visit us at https://www.aarkstore.com/automotive/248480/global-tires-rubber


Category: Business Services Market Research

Aarkstore Enterprise

+91 7710006788 | contact@aarkstore.com | www.aarkstore.com

More About the Author

I am a Market Researcher Sharing a Market insights and trends and forecasts

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